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Author Topic: Is bitcoin a form of gambling?  (Read 7979 times)

Offline Alter

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Re: Is bitcoin a form of gambling?
« Reply #30 on: September 07, 2021, 11:27:35 PM »
It's not gambling, it's an investment. -snip-
You are right. Bitcoin isn't a gambling form, we invest or trading in Bitcoin. When we invest or trade in Bitcoin, we need sufficient knowledge, so it requires some learning. While in gambling, sometimes we don't need to learn, just rely on luck. Although some gambling games need skills, it is not the same as learning the knowledge in investment or trading.

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Re: Is bitcoin a form of gambling?
« Reply #30 on: September 07, 2021, 11:27:35 PM »

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Offline satpol_PP

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Re: Is bitcoin a form of gambling?
« Reply #31 on: September 08, 2021, 05:09:14 AM »
It's not gambling, it's an investment. -snip-
You are right. Bitcoin isn't a gambling form, we invest or trading in Bitcoin. When we invest or trade in Bitcoin, we need sufficient knowledge, so it requires some learning. While in gambling, sometimes we don't need to learn, just rely on luck. Although some gambling games need skills, it is not the same as learning the knowledge in investment or trading.

That's true, investing in bitcoin we should learn firstly.
We couldn't invest without didn't know bout coins and project.
Bitcoin is not gambling.
Bitcoin is investing our money , So I don't agree about gambling.
Learn and analysis are the basic factor.

Offline jessie_hendrawan

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Re: Is bitcoin a form of gambling?
« Reply #32 on: September 08, 2021, 12:01:48 PM »
That's true, investing in bitcoin we should learn firstly.
We couldn't invest without didn't know bout coins and project.
Bitcoin is not gambling.
Bitcoin is investing our money , So I don't agree about gambling.
Learn and analysis are the basic factor.
100% agree with you. It's your own fault if ure not learning first about bitcoin before actually put your money on that. We need to be smart with this kind of things.

Offline Cryptoz

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Re: Is bitcoin a form of gambling?
« Reply #33 on: September 08, 2021, 11:48:17 PM »
NO.
mining Bitcoin is for sure to get certain Bitcoin or sat.
It is not a form of gambling.
Gambling in Bitcoin is where you are trading Bitcoin without any analysis, only based on luck to buy at a certain rate and then hope to have a higher price without any analysis. That kind of trading type is gambling.
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Offline Esmeralda Zhang

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Re: Is bitcoin a form of gambling?
« Reply #34 on: September 09, 2021, 03:46:01 PM »
is it better for you to play bitcoin mining or trading?

Offline Johan Susanto

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Re: Is bitcoin a form of gambling?
« Reply #35 on: September 09, 2021, 05:50:28 PM »
is it better for you to play bitcoin mining or trading?
For me, better trading than mining. Because you don't have to put a lot of money into that. With mining, you have to put a lot of money into like the computer gears, electricity, and high speed internet.

Offline bayiajaib

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Re: Is bitcoin a form of gambling?
« Reply #36 on: September 11, 2021, 10:26:33 AM »
is it better for you to play bitcoin mining or trading?
For me, better trading than mining. Because you don't have to put a lot of money into that. With mining, you have to put a lot of money into like the computer gears, electricity, and high speed internet.

Mining need much money to buy equipment and electricity cost
I personally prefer do trading than mining
In my perception, mining will give you fix profit, but trading will give you incredible profit.
So, You can choose which investment do you want to do.

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Re: Is bitcoin a form of gambling?
« Reply #36 on: September 11, 2021, 10:26:33 AM »


Offline Johan Susanto

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Re: Is bitcoin a form of gambling?
« Reply #37 on: September 11, 2021, 06:22:07 PM »

Mining need much money to buy equipment and electricity cost
I personally prefer do trading than mining
In my perception, mining will give you fix profit, but trading will give you incredible profit.
So, You can choose which investment do you want to do.
Yes u only need a lil bit of fund, patience and also a lil bit of luck hahah beside trading, i also put my coin on gambling site, i know its risky but fun tho

Offline mlawson71

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Re: Is bitcoin a form of gambling?
« Reply #38 on: September 12, 2021, 02:56:33 PM »
is it better for you to play bitcoin mining or trading?
I think it largely depends on the person and their resources. Different people have different needs.

Offline SylvieAgustine

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Re: Is bitcoin a form of gambling?
« Reply #39 on: September 14, 2021, 06:45:32 PM »
is it better for you to play bitcoin mining or trading?
For me, trading. It's simpler, you don't have to put a lot of money for trading, it's different than mining tho, you need to be prepared a lot of extra cost at first.

Offline legend45

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Re: Is bitcoin a form of gambling?
« Reply #40 on: September 15, 2021, 08:56:16 AM »
is it better for you to play bitcoin mining or trading?
For me, trading. It's simpler, you don't have to put a lot of money for trading, it's different than mining tho, you need to be prepared a lot of extra cost at first.

Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.

Offline SylvieAgustine

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Re: Is bitcoin a form of gambling?
« Reply #41 on: September 15, 2021, 06:50:30 PM »
Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.
Indeed. Personally, I'm not the type of daily or weekly trader because I've got no time huhu so I just buy and then wait for a couple months or maybe a year to sell.

Offline Master107

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Re: Is bitcoin a form of gambling?
« Reply #42 on: September 15, 2021, 07:32:24 PM »
Indeed. Personally, I'm not the type of daily or weekly trader because I've got no time huhu so I just buy and then wait for a couple months or maybe a year to sell.

No problem about that strategy. If you feel you like it and you enjoy it. Then just continue to do what you are doing. Each type of strategy has risk, disadvantages, and advantages.

If someday you feel not comfortable, just swift to new style like combining both. Trade while you are waiting for profit from your investment holding.

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Re: Is bitcoin a form of gambling?
« Reply #43 on: September 15, 2021, 11:30:46 PM »
Is this aspect a form of gambling?
Investing or trading in Bitcoin isn't a form of gambling. Basically, we invest in Bitcoin must have sufficient knowledge to succeed. There is no way like in gambling that people can rely on luck only. Investing in Bitcoin needs some serious research and efforts to optimize the chance to take profits. Bitcoin price fluctuates and it is influenced by many factors, that's why we must have enough knowledge about it.

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Offline Esmeralda Zhang

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Re: Is bitcoin a form of gambling?
« Reply #44 on: September 16, 2021, 04:11:07 PM »

Youre right, we must putalot of money for mining.
I personally prefer in trading.
Put a few money, buy low wait and sell when high.
But we must know the character of cpin nad market.
Trading is simplier but not easy.

I also like trading and besides playing games.
for trading I get the art by looking at charts, and looking for news information related to coins.
to play games, it's a relaxing thing to do everyday

 

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